The S&P 500 is currently trading at about 17.5 times forward twelve-month earnings, above the 10-year median of nearly 15 times.
Tag Archives | markets
The ECB said that it would extend its bond-purchase program by nine months to the end of 2017, but reduce its monthly purchase volume to €60 billion from €80 billion ($86.2 billion) as of April.
U.S. crude oil declined 2.5% from a 16-month to $50.51 a barrel after it settled Monday at its highest level since July 2015.
As America heads to the polls, the most logical question from an investment point of view is what happens historically after elections to equities?
Share of U.S. earnings reports beating expectations at a record high so far this season.
Investors currently price a 30% chance of an interest-rate rise in September, compared with an 18% chance as of Thursday.
Global manufacturing data largely beat expectations, pushing shares higher in Europe.
U.S. monetary policy remains in focus after Yellen says economy could withstand rate rise this year.
SECTION SELECTION US FINANCIAL MARKET | US ECONOMY & POLITICS | EUROPE & WORLD | TODAY IN HISTORY U.S. STOCKS INCH LOWER AFTER HITTING RECORD HIGHS Data show U.S. retail sales were flat in July. The weak data could also discourage the Federal Reserve from raising interest rates this year. On Thursday, the three indexes notched all-time […]
SECTION SELECTION US FINANCIAL MARKET | US ECONOMY & POLITICS | EUROPE & WORLD | TODAY IN HISTORY U.S. STOCKS RISE AFTER JUNE JOBS REPORT US Stocks rose, returning to where they were before the UK’s vote to leave the EU. Nonfarm payrolls increase by 287,000 in June; unemployment rate at 4.9%. Initially Treasury yields jumped and […]